HomeCare May 2, 2023
30.19 million of the 59.82 million people with both Medicare Part A and Part B were enrolled in a private plan
KFF reported that data released from the Centers for Medicare & Medicaid Services (CMS), shows Medicare Advantage (MA) now provides Medicare coverage for more than half of its eligible beneficiaries.
As of January 2023, 30.19 million of the 59.82 million people with both Medicare Part A and Part B were enrolled in a private plan. MA covers Medicare Part A and Part B benefits, usually with no additional premium.
“Enrollment in Medicare Advantage has increased dramatically in recent years. In 2007, less than one in five (19%) eligible Medicare beneficiaries were enrolled in a private plan,” KFF reported....
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